It is a broadly described annual report of People’s Leasing And Financial Services Limited in the year of 2014. In the year ended on 31st December 2014, the total exposure of the Balance Sheet stood at BDT 22,469.26 million as compared to BDT 18,870.03 million as at 31st December 2013 resulting from a growth of 19.07%. Investments in shares were BDT 990.05 million as on December 31st, 2013 which increased to EMT 1,637.31 minion at the end of 31st December 2014. There was a growth of 65.38%. Deposits stood at DDT 9,816.00 million as on 31st December 2013 opposed to BDT 1,1717.30 million as on 31st December 2014. The growth was 19.37%. Capital & Shareholders’ equity stood at BDT 4,545.70 million as on December 31, 2014, as compared to BDT 4,349.00 million as on December 31st, 2013 showing a growth of 4.52%. Profit before Tax stood at BUT 217.31 million as on 31st December 2014 as against BDT 324.03 million in 2013. Net Profit after tax for the year Tk. 197.00 million.
The Board of Directors has recommended @ 10 % Bonus Share (1 Bonus share against 10 Shares) on the profit of the year ended 31st December 2014. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
Annual Report of People’s Leasing And Financial Services Limited: